2024 IRR to RWF Historical Review

YEARLY HIGH

0.0331 RWF

YEARLY LOW

0.0300 RWF

YEARLY AVERAGE

0.0313 RWF

2024 IRR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.0331. Conversely, the yearly low was recorded on January 7, dropping to 0.0300.

This high-to-low spread represents a total annual volatility of 0.0032 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0302 to the December average rate of 0.0328, the exchange rate registered a net change of 8.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0331 was up 10.24% compared to the 2023 peak of 0.0300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IRR based on timing:

Yearly Peak High 166 RWF

2023 Average 137 RWF

Yearly Trough Low 150 RWF

Transaction Impact: A difference of 15.76 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0331

0.0300

JanuMarcMayJulySeptNove

IRR to RWF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0306, compared to 0.0320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0306

H2 Avg (Jul–Dec) 0.0320

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0011 RWF (High: 0.0331 / Low: 0.0320). On the other end, April was the most stable month, with a tight range of 0.0003 RWF (High: 0.0308 / Low: 0.0305).

December Spread (Volatile) ±0.0011

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0328) against the same month in 2023 (average: 0.0297), the exchange rate shifted by +0.0031 (+10.44%).

2024 Avg (December) 0.0328

2023 Avg (December) 0.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0306	0.0300	0.0302
February	0.0307	0.0302	0.0303
March	0.0307	0.0303	0.0305
April	0.0308	0.0305	0.0307
May	0.0312	0.0306	0.0308
June	0.0314	0.0307	0.0311
July	0.0314	0.0310	0.0312
August	0.0318	0.0310	0.0314
September	0.0323	0.0316	0.0319
October	0.0324	0.0317	0.0321
November	0.0328	0.0323	0.0325
December	0.0331	0.0320	0.0328